According to a report from Football.London, West Ham are currently facing the prospect of a projected cash flow hole of between £60million and £80million thanks to the lack of football, and some Hammers fans have taken to Twitter in reaction to the speculation.
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The current global health crisis that has swept the planet has had an effect on every aspect of life.
And football certainly hasn’t been immune. There has been no Premier League action for more than four weeks now.
Many clubs in the lower echelons of the game will be hit incredibly hard by the current crisis. The financial repercussions will span far and wide.
It seems as though some Premier League clubs could struggle as well.
Hammers face financial uncertainty
Football.London claims that West Ham could be left £80 million short in the cash flow balance sheets because of the health crisis.
The Hammers obviously rely heavily on TV money to help boost their coffers.
And the lack of televised games will clearly have an adverse effect on West Ham’s incomings.
Some Hammers fans took to Twitter in reaction to the claims, and they seem to be far from happy…
Great now Sullivan has a legit excuse for not spending for the next 5 years
— Simon②⚒ (@BrexitIniesta16) April 6, 2020
The excuses have started already for next seasons failings ffs. The gift that keep giving them 2
— sam hardy (@samhardy85) April 6, 2020
Something stinks here! So a massive cash flow hole yet they still only pay £2M for the stadium!?
— ⚒ (@BoleynE139AZ) April 6, 2020
Excuses coming out already 😂😂
— will earle (@willearle_) April 6, 2020
Relying so heavily on TV money is such a stupid way of existing, glad we moved to gain more financial security though!
— James Gunn (@jamesgunn_) April 6, 2020
In other words they don’t want to be looked at as greedy scum like liverpool or spurs but ”we had no choice guv”
— fletch630 (@fletch630) April 6, 2020
How ?we have hardly any staff compared to most clubs , we don’t own the stadium so we do not have to pay those staff
— Spike (@scrutchins) April 6, 2020
classic. couldn’t make it up
— Stephen George Lott (@stephenlott) April 6, 2020